monster.com

In the early 1990s, Jeff Taylor, the owner of human resources company Adion, contracted Net Daemons Associates to develop a facility whereby job seekers could search a job database with a web browser. The site went live in April 1994 as Monsterboard.com. It was populated with job descriptions from the newspaper segment of Adion's business.

It was one of the first employment websites.{{Cite news | url=https://www.forbes.com/sites/jackkelly/2021/06/14/monster-one-of-the-first-job-boards-plans-a-roaring-comeback-under-a-new-ceo-with-a-focus-on-the-fast-growing-generation-z/ | title=Monster, One Of The First Job Boards, Plans A Roaring Comeback Under A New CEO With A Focus On The Fast-Growing Generation-Z | first=Jack | last=Kelly | work=Forbes | date=June 14, 2021 | url-access=limited}}

Shortly thereafter, it was acquired by TMP Worldwide, led by Andrew McKelvey, for $930,000. TMP also acquired Online Career Center and, in 1999, merged it with Monster Board to form Monster.com.{{Cite news | url=https://www.nytimes.com/2002/03/24/business/the-monster-that-s-feasting-on-newspapers.html | title=The Monster That's Feasting on Newspapers | first=Saul | last=Hansell | work=The New York Times | date=March 24, 2002 | url-access=limited}}{{Cite web | url=https://www.britannica.com/money/Monster-American-company | title=Monster | work=Encyclopædia Britannica}}

In October 2000, Monster launched Monstermoving.com to provide resources to assist users with a successful move.{{Cite news | url=https://www.globest.com/2000/10/30/monstermoving-com-leases-corporate-headquarters-in-white-plains/ | title=Monstermoving.com Leases Corporate Headquarters in White Plains | work=ALM | date=October 30, 2000}}

In April 2002, Monster purchased the Jobs.com domain name and trademark for $800,000.{{cite web |url=https://www.ecommercetimes.com/story/monster-parent-pays-800k-for-jobs-com-domain-name-17356.html |title=E-Commerce News: News: Monster Parent Pays $800K for Jobs.com Domain Name | first=Keith | last=Regan | work=Ecommercetimes.com | date=April 19, 2002 | archive-date=2010-04-28 |archive-url=https://web.archive.org/web/20100428082927/http://www.ecommercetimes.com/story/17356.html |url-status=live}}

In 2003, TMP completed the corporate spin-off of Monster.{{Cite news | url=https://www.nytimes.com/2003/02/18/business/market-place-once-an-acquirer-tmp-worldwide-decides-to-divide.html | title=Once an Acquirer, TMP Worldwide Decides to Divide | first=Saul | last=Hansell | work=The New York Times | date=February 18, 2003 | url-access=limited}}{{cite news | url=https://www.cnet.com/tech/services-and-software/tmp-makes-monster-move/ | title=TMP makes Monster move | first=Larry | last=Dignan | work=CNET | date=October 22, 2002}}

In August 2005, founder Jeff Taylor left Monster to create Eons.com.{{Cite news | url=https://www.nytimes.com/2005/06/14/technology/monster-founder-leaving.html | title=Monster Founder Leaving | agency=Bloomberg News | work=The New York Times | date=June 14, 2005 | url-access=limited}}

In 2006, the general counsel of the company was fired in connection with an options backdating scandal, and he was also investigated by the U.S. Securities and Exchange Commission.{{cite news |url=https://www.informationweek.com/it-leadership/monster-com-fires-general-counsel-in-stock-options-probe | title=Monster.com Fires General Counsel In Stock-Options Probe | first=Antone | last=Gonsalves | work=InformationWeek | date=November 22, 2006}}{{cite news | url=https://www.cfo.com/news/former-monster-exec-pilloried-by-sec/675352/ | title=Former Monster Exec Pilloried by SEC | first=Stephen | last=Taub | work=Informa | date=February 15, 2007}}{{Cite news | url=https://www.seattletimes.com/business/monster-counsel-fired-in-option-grants-probe/ | title=Monster counsel fired in option-grants probe | first=Ron | last=Day | work=The Seattle Times | date=November 23, 2006}} Andrew McKelvey refused to be interviewed as part of an internal investigation and resigned from the board of directors.{{cite news |url=https://www.nytimes.com/2006/10/31/technology/31options.html |title=Founder of Monster.com Resigns | agency=Reuters | work=The New York Times | date=October 31, 2006 | url-access=limited |archive-url=https://web.archive.org/web/20080130232604/http://www.nytimes.com/2006/10/31/technology/31options.html?ex=1319950800&en=28c612f57c675389&ei=5088&partner=rssnyt&emc=rss |archive-date=2008-01-30 |url-status=live}}{{Cite news | url=https://www.gainesville.com/story/news/2006/10/31/ex-ceo-of-monster-exits-board-amid-scandal/31501253007/ | title=Ex-CEO of Monster exits board amid scandal | agency=The Associated Press | work=The Gainesville Sun | date=October 30, 2006}} James J. Treacy (1959-2020), who served as president and CEO of Monster, was found guilty by a jury in May 2009 and was sentenced to two years in prison.{{cite news |url=https://www.nytimes.com/2009/05/13/technology/13monster.html |title=Monster Ex-Chief Is Found Guilty |work=The New York Times |agency=Reuters | date=May 12, 2009 | url-access=limited}} The options backdating scandal also required the company to restate earnings since 2001. In April 2007, Sal Iannuzzi was named chairman and CEO, replacing William M. Pastore, who resigned as part of the scandal.{{Cite news | url=https://www.reuters.com/article/markets/monster-ceo-steps-down-hires-former-symbol-head-idUSN12301239/ | title=Monster CEO steps down, hires former Symbol head | first1=Joe | last1=Giannone | first2=Christopher | last2=Kaufman | work=Reuters | date=August 9, 2007}}{{cite news | url=https://www.marketwatch.com/story/monster-worldwide-appoints-iannuzzi-chairman-ceo | title=Monster Worldwide appoints Iannuzzi chairman, CEO | first=Aude | last=Lagorce | work=MarketWatch | date=April 12, 2007 | url-access=limited}}{{Cite news | url=https://www.forbes.com/2007/04/12/monster-worldwide-ceo-markets-equity-c_jl_0412markets08.html | title=Monster CEO Needs A Job | work=Forbes | date=April 12, 2007 | url-access=limited}}{{Cite news | url=https://www.mercurynews.com/2007/04/12/monster-worldwide-ceo-pastore-leaving-iannuzzi-named-as-replacement/ | title=Monster Worldwide CEO Pastore leaving; Iannuzzi named as replacement | agency=The Associated Press | work=The Mercury News | date=April 12, 2007}}{{Cite news | url=https://www.wsj.com/articles/SB117637607613167555 | title=Pastore Agrees To Leave Post As Monster CEO | first=Jonathan | last=Vuocolo | work=The Wall Street Journal | date=April 13, 2007 | url-access=subscription}}

In January 2008, Monster acquired Affinity Labs for $61 million.{{Cite news |url=https://www.mercurynews.com/2008/01/04/monster-buys-s-f-web-operator-affinity-for-61-million/ |title=Monster buys S.F. Web operator Affinity for $61 million | agency=Bloomberg News | work=The Mercury News |date=January 5, 2008 |archive-url=https://web.archive.org/web/20220913124038/https://www.mercurynews.com/2008/01/04/monster-buys-s-f-web-operator-affinity-for-61-million/ |archive-date=September 13, 2022 | url-status=live}}{{Cite news | url=https://venturebeat.com/business/just-in-monster-buys-community-site-affinity-labs-for-61m/ | title=Monster buys community site, Affinity Labs, for significant $61M | first=Matt | last=Marshall | work=VentureBeat | date=January 4, 2008}}

In July 2008, it acquired Trovix, a semantic job search engine, for $72.5 million.{{Cite news | url=https://www.cbsnews.com/news/monster-acquires-job-search-site-trovix-for-725-million-military-site-armeescom/ | title=Monster Acquires Job Search Site Trovix For $72.5 Million; Military Site Armees.com | work=CBS News | date=July 31, 2008}}

In February 2010, Monster acquired Yahoo HotJobs for $225 million and then integrated it into the Monster.com website.{{Cite news | url=https://techcrunch.com/2010/02/03/yahoo-hotjobs-monster-225-million/ | title=Monster Buys HotJobs from Yahoo for $225 Million | first=Erick | last=Schonfeld | work=TechCrunch | date=February 3, 2010}}

In 2011, Monster launched mobile apps.{{Cite news | url=https://www.marketingdive.com/ex/mobilemarketer/cms/news/search/8646.html | title=Monster.com makes mobile a top priority for 2011 | work=Industry Dive}}

In the first quarter of 2014, Monster relocated its headquarters from Maynard, Massachusetts to Weston Corporate Center in Weston, Massachusetts.{{Cite news | url=https://www.metrowestdailynews.com/story/business/2013/10/30/monster-moving-from-maynard-to/37890811007/ | title=Monster moving from Maynard to Weston Corporate Center | first=Michael | last=Wyner | work=The MetroWest Daily News | date=October 30, 2013}}

In February 2014, Monster acquired TalentBin, a talent search engine, and Gozaik, a developer of social jobs aggregation and distribution technology.{{Cite news | url=https://techcrunch.com/2014/02/24/monster-acquires-talentbin-and-gozaik/ | title=Monster Acquires Recruiting Startups TalentBin And Gozaik | first=Anthony | last=Ha | work=TechCrunch | date=February 24, 2014}}{{Cite press release | url=https://www.businesswire.com/news/home/20140224006601/en/Monster-Acquires-Social-Recruiting-Technology-Players-TalentBin-and-Gozaik | title=Monster Acquires Social Recruiting Technology Players TalentBin and Gozaik | publisher=Business Wire | date=February 24, 2014}}

In November 2014, Iannuzzi resigned under pressure after focusing on profits but failing to produce any.{{Cite news | url=https://www.huffpost.com/entry/the-real-reason-monsters_b_6145378 | title=The Real Reason Monster's CEO Lost His Job | first=Lisa Earle | last=McLeod | work=HuffPost | date=November 12, 2014}}{{Cite news | url=https://www.wsj.com/articles/monster-worldwide-names-new-ceo-1415112303 | title=Monster Worldwide Names New CEO | first=Michael | last=Calia | work=The Wall Street Journal | date=November 4, 2014 | url-access=subscription}}{{cite news |url=https://www.marketwatch.com/story/monster-worldwide-names-new-ceo-2014-11-04 |title=Monster Worldwide names new CEO | first=Michael | last=Calia | work=MarketWatch |date=November 4, 2014 | url-access=limited | archive-date=2014-11-04 |archive-url=https://web.archive.org/web/20141104201919/http://www.marketwatch.com/story/monster-worldwide-names-new-ceo-2014-11-04 | url-status=live}}

In June 2016, Monster.com acquired Jobr, a job search mobile app, for $12.5 million.{{cite news |url=https://techcrunch.com/2016/06/08/monster-snaps-up-tinder-for-jobs-app-jobr/ |title=Monster snaps up 'Tinder for jobs' app, Jobr |last=Perez |first=Sarah | work=TechCrunch |date=June 9, 2016 |archive-url=https://web.archive.org/web/20161012030510/https://techcrunch.com/2016/06/08/monster-snaps-up-tinder-for-jobs-app-jobr/ |archive-date=October 12, 2016 |url-status=live}}{{Cite press release | url=https://www.prnewswire.com/news-releases/monster-acquires-jobr-300281486.html | title=Monster Acquires Jobr | publisher=PR Newswire | date=June 8, 2016}}

In August 2016, Monster was acquired by Randstad NV, a multinational human resources and recruitment specialist, for $429 million in cash.{{cite news |url=https://techcrunch.com/2016/08/08/randstad-buys-monster-for-429m-as-recruitment-consolidation-continues/ |title=Randstad buys Monster for $429M as recruitment consolidation continues |last=Lunden |first=Ingrid | work=TechCrunch |date=August 9, 2016 |archive-date=August 10, 2016 |archive-url=https://web.archive.org/web/20160810164220/https://techcrunch.com/2016/08/08/randstad-buys-monster-for-429m-as-recruitment-consolidation-continues/|url-status=live}}

In January 2018, Quess acquired Monster's business in India, SE Asia and the Middle East.{{Cite web |url=https://www.business-standard.com/article/companies/quess-acquires-job-listing-portal-monster-s-business-units-for-14-million-118020100011_1.html |title=Quess acquires job listing portal Monster's business units for $14 million | work=Business Standard |date=January 2, 2018 |archive-url=https://web.archive.org/web/20230418121858/https://www.business-standard.com/article/companies/quess-acquires-job-listing-portal-monster-s-business-units-for-14-million-118020100011_1.html |archive-date=2023-04-18 |url-status=live}} In November 2022, the name of this business was changed to Foundit, and that the website became a talent management platform in the Asia-Pacific and the Middle East regions.{{Cite news |url=https://www.deccanherald.com/business/monstercom-rebrands-to-foundit-1165117.html |title=Monster.com rebrands to foundit | first=Lavpreet | last=Kaur | work=Deccan Herald |date=November 23, 2022|archive-url=https://web.archive.org/web/20230418121858/https://www.deccanherald.com/business/monstercom-rebrands-to-foundit-1165117.html |archive-date=2023-04-18 |url-status=live }}{{Cite news |url=https://www.newindianexpress.com/business/2022/nov/23/job-search-platform-monster-rebrands-as-foundit-to-focus-on-talent-management-2521323.html |title=Job search platform Monster rebrands as foundit; to focus on talent management | first=Uma | last=Kannan | work=The New Indian Express |archive-date=2023-04-18 |archive-url=https://web.archive.org/web/20230418120355/https://www.newindianexpress.com/business/2022/nov/23/job-search-platform-monster-rebrands-as-foundit-to-focus-on-talent-management-2521323.html |url-status=live}}

In September 2024, Monster merged with CareerBuilder, and funds managed by Apollo Global Management became the majority owner of the websites.{{Cite news | url=https://www.hrdive.com/news/monster-and-careerbuilder-merge/727224/ | title=Monster and CareerBuilder complete merger | first=Kathryn | last=Moody | work=Industry Dive | date=September 17, 2024}}

Monster's first Super Bowl ad, "When I Grow Up", (created by Mullen for the 1999 Super Bowl) asked job seekers, "What did you want to be?" It was the only commercial named to the "Best of Television 1999" list by Time.{{Cite news | url=https://adage.com/videos/monstercom-when-i-grow-up/971 | title=Monster.com - When I Grow Up | work=Ad Age | date=January 31, 1999}}{{Cite news | url=https://www.huffpost.com/entry/video-monstercom-when-i-g_n_444571 | title=Video: Monster.com "When I Grow Up ..." Super Bowl, 1999 | agency=MSNBC | work=HuffPost | date=April 3, 2010}}

Monster was the official online career management services sponsor of the 2002 Winter Olympics and the 2002 U.S. Olympic Team.{{Cite news | url=https://universe.byu.edu/2000/01/20/monstercom-becomes-first-online-sponsor-for-the-2002-olympic-games/ | title=Monster.com becomes first online sponsor for the 2002 Olympic Games | first=KIMBERLY | last=NIELSEN | work=The Universe | date=January 20, 2000}}{{Cite news | url=https://www.deseret.com/2000/1/18/19486445/a-monster-of-a-sponsor-signs-on-with-games/ | title=A monster of a sponsor signs on with Games | first=Lisa Riley | last=Roche | work=Deseret News | date=January 18, 2000}}

In less than two weeks in August 2007, Monster had numerous leaks that resulted in the loss of millions of customers' data to identity theft. Monster waited several days to announce this leak, a delay that drew heavy criticism.{{cite news |url=https://www.reuters.com/article/internetNews/idUSN3010416120070830 |title=Data theft also hit U.S. government job site |first=Jim |last=Finkle | work=Reuters |date=August 30, 2007 |archive-date=2009-08-19 |archive-url=https://web.archive.org/web/20090819123548/http://www.reuters.com/article/internetNews/idUSN3010416120070830 |url-status=live }}{{cite news | url=https://abcnews.go.com/Technology/story?id=3511384&page=1 | title=Hackers Steal 1.6 Million Files From Monster.com | work=ABC News | date=August 22, 2007}}{{Cite news | url=https://www.npr.org/2007/08/24/13926368/marketplace-report-monster-com-security-breach | title='Marketplace' Report: Monster.com Security Breach | work=NPR | date=August 24, 2007}}

In January 2009, there was another large-scale leak at its UK-based site monster.co.uk, in which demographic information of up to 4.5 million people was obtained by hackers.{{cite news | url=https://www.theguardian.com/technology/2009/jan/27/hack-monster-data-recruitment | title=Hackers steal jobseekers' details from Monster recruitment website | first=Jenny | last=Percival}}

In 2019, the company revealed a data breach resulting in resumes from May 2017 being shared online.{{Cite news | url=https://techcrunch.com/2019/09/05/monster-exposed-user-data-years/ | title=Monster.com says a third party exposed user data but didn’t tell anyone | first=Zack | last=Whittaker | work=TechCrunch | date=September 5, 2019}}

• List of employment websites

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Category:2016 mergers and acquisitions

Category:American companies established in 1999

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